Madrid vs Portland
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก Why it matters: Madrid vs Portland
Madrid is 33% more affordable for homebuyers. Madrid has a price-to-income ratio of 8.2x compared to 7.0x in Portland.
| Metric | Madrid | Portland |
|---|---|---|
| Avg Home Price | $320,000 | $480,000 |
| Price / sqm | $4,800 | $4,800 |
| Rent (1BR) | $1,100/mo | $1,600/mo |
| Rent (3BR) | $1,800/mo | $2,500/mo |
| Price-to-Income | 8.2x | 7.0x |
| Mortgage Rate | 3.2% | 6.8% |
| 1yr Change | +4.8% | -1.2% |
| Median Income | $39,000/yr | $69,000/yr |
| Population | 3,300,000 | 650,000 |
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HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
โ OECD, Numbeo & National Statisticsโ Updated 2025
Frequently Asked Questions
Is Madrid or Portland more expensive?
Madrid is more affordable. Home prices differ by $160,000 (33%).
Which city has cheaper rent, Madrid or Portland?
Rent for a 1BR in Madrid is $1,100/mo vs $1,600/mo in Portland.
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